As a seasoned commercial Realtor, my team has had the opportunity to work with numerous real estate  investors. From multifamily to office buildings, there are a few universal rules of thumb that I want to pass along.

Have a game plan- And stick to it! Decide if you want to invest in multifamily, office, or industrial ahead of time. Specializing in a property type will allow for a higher level of attention to the needs of a property and will afford the knowledge needed for identifying strong investments in the future.

Work with a knowledgeable broker- No matter how many properties you have owned, the industry is always changing. Having a resource with their finger on the pulse of the market, coupled with your knowledge will be key to ensuring you are making the right decisions for today’s market.

Get financing ahead of time- Financing a commercial property can be a much longer and more difficult process than obtaining residential financing. With a pre-approval in place, an offer can be made once a suitable property has been identified. This proactive step will ensure you do not miss out on an opportunity due to financing, or lack thereof.

If you are a seasoned investor or novice, these 3 tips will get you through any transaction with ease. Working with a broker can alleviate stress, save you time, and most importantly MONEY. Make sure you at the very least have a seasoned professional on your side.